{"id":520606,"date":"2010-04-08T11:02:11","date_gmt":"2010-04-08T15:02:11","guid":{"rendered":"http:\/\/www.businessinsider.com\/south-africa-mining-julius-malema2010-4"},"modified":"2010-04-08T11:02:11","modified_gmt":"2010-04-08T15:02:11","slug":"the-mining-industry-is-terrified-by-the-rise-of-south-africas-julius-malema","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/520606","title":{"rendered":"The Mining Industry Is Terrified By The Rise Of South Africa&#8217;s Julius Malema"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4bbdecb77f8b9aa8468a0700-327-245\/malema.jpg\" border=\"0\" alt=\"Malema\" width=\"327\" height=\"245\" \/><\/p>\n<p> Today, Julius Malema removed a BBC journalist from his Africa National Congress Youth Leage press conference, calling him a <a href=\"http:\/\/www.mg.co.za\/article\/2010-04-08-malemas-tirade-from-revolutionary-house\">&#8220;bastard&#8221; and an &#8220;agent.&#8221;<\/a><\/p>\n<p>Malema, fresh off of a meeting with Zimbabwean President <a href=\"http:\/\/www.guardian.co.uk\/world\/2010\/apr\/08\/julius-malema-mandela-robert-mugabe\">Robert Mugabe<\/a>, has said he will follow his neighbors policy of land seizure, if his rise to power continues.<\/p>\n<p>And, most concerning to foreign investors, he has called for the <a href=\"http:\/\/www.businessinsider.com\/is-south-africa-seriously-considering-nationalizing-all-white-owned-mines-2010-4\">nationalization of South Africa&#8217;s mines<\/a>.<\/p>\n<p>South Africa&#8217;s mining industry produced <a href=\"http:\/\/minerals.usgs.gov\/minerals\/pubs\/country\/africa.html#sf\">11% of the world&#8217;s gold, 80% of the world&#8217;s platinum, and 40% of the world&#8217;s palladium<\/a> in 2007.<\/p>\n<p>Malema is young in the world of South African politics, but at the age of 29, he is already being considered a vocal threat to the ethnic stability established through Nelson Mandela&#8217;s <a href=\"http:\/\/en.wikipedia.org\/wiki\/Rainbow_Nation\">Rainbow Nation<\/a> movement.<\/p>\n<p>Malema is taking advantage of the world&#8217;s eyes, with the World Cup in South Africa beginning in June. But if Malema uses the ANC Youth Congress as a <a href=\"http:\/\/www.guardian.co.uk\/world\/2010\/apr\/08\/julius-malema-mandela-robert-mugabe\">stepping stone to government<\/a> he could become a real threat to metals markets.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/south-africa-mining-julius-malema2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/0paOGqpZZlE\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, Julius Malema removed a BBC journalist from his Africa National Congress Youth Leage press conference, calling him a &#8220;bastard&#8221; and an &#8220;agent.&#8221; Malema, fresh off of a meeting with Zimbabwean President Robert Mugabe, has said he will follow his neighbors policy of land seizure, if his rise to power continues. And, most concerning to [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-520606","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/520606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=520606"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/520606\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=520606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=520606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=520606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}